Category : Search result: Bank of England warning


Bank of England warns of growing AI bubble risk

The Bank of England warns that soaring AI stock valuations show signs of a classic financial bubble, with potential severe consequences for markets and economic stability if it bursts.

Lloyds Group Shutters 53 More Bank Branches

Major banking group announces fresh wave of branch closures across England, Scotland and Wales as customers shift to digital banking, leaving communities concerned about access to cash.

October Bank Holiday Opening Hours Guide 2024

Don't get caught out this October bank holiday! Our complete guide reveals opening times for major supermarkets, retail stores, and essential services across the UK.

Urgent Bank Warning Over 'Hi Mum' Text Scam

NatWest issues an urgent alert as a new wave of sophisticated 'Hi Mum' and 'Hi Dad' scams targets British families, with fraudsters stealing thousands by impersonating relatives in distress.

Queenstown's Last Bank Closes, Isolating Tasmanian Town

The historic mining town of Queenstown on Tasmania's remote west coast is set to lose its last bank, as Bendigo Bank confirms the permanent closure of its local branch, leaving residents and businesses facing a 180km round trip for essential financial ser

Davey: Farage Bank Row with Musk a 'Sideshow'

Liberal Democrat leader Sir Ed Davey has branded the controversy surrounding Nigel Farage's bank account closure, which drew commentary from Elon Musk, a distraction from the UK's real issues.

880-Mile 'Monster' Storm Heads For UK With 70mph Winds

The UK braces for a severe weather onslaught as an 880-mile-wide Atlantic storm system threatens 70mph winds and torrential rain, sparking urgent Met Office warnings for travel chaos and potential damage.

Lloyds slashes free overdraft from £250 to £50

Lloyds Banking Group shocks customers by reducing its interest-free overdraft buffer from £250 to a mere £50 from November, impacting millions across Lloyds, Halifax, and Bank of Scotland accounts.

Shocking New Bank Scam Drains Accounts Without Detection

UK banking customers are being targeted by sophisticated 'withdrawal' scam that bypasses security. Victims report losing thousands as fraudsters exploit system loopholes. Essential reading to protect your savings.

Bank of America UK: Pay Rises Amid Branch Closures

Exclusive: Bank of America announces a major pay increase for its UK staff while quietly accelerating a programme of local branch closures, raising questions about the future of high street banking.

Bank CEO Warns of Appalachian Economic Disaster

Huntington Bancshares CEO Brad Smith sounds the alarm on the economic crisis unfolding in Appalachia, calling for urgent investment and national attention to reverse the region's decline.

Met Office Issues Urgent Rain Warnings for UK

The Met Office has issued severe yellow weather warnings for heavy, persistent rain across parts of Wales and South West England, with potential flooding and travel disruption expected from Tuesday evening.

Airlines Ban Passengers for Using Power Banks Onboard

Major UK airlines are enforcing strict new bans on passengers caught using power banks during flights, citing critical fire risks. Discover the safety rules you must follow to avoid being barred from future travel.

Met Office Amber 'Danger to Life' Warning for Wales

The Met Office has escalated its weather warning to amber for parts of Wales and South West England, forecasting severe gales, flooding, and significant disruption. Residents are urged to prepare for dangerous conditions.

162 UK Bank Branches to Close in 2024: Full List

Major banks including Barclays, HSBC, Lloyds, and NatWest have announced a sweeping wave of 162 branch closures across the UK in 2024, accelerating the decline of the British high street. Discover if your local branch is on the list.

Sainsbury's Sells Bank to China's Ping An in Strategic Shift

Supermarket giant Sainsbury's is in exclusive negotiations to sell its lucrative banking division to Shenzhen-based Ping An Insurance Group, marking a major strategic shift and a significant Chinese investment into the UK's retail banking sector.

Amber Weather Warning: 16-Hour Rain Alert for South

The Met Office has escalated its weather warning to amber for heavy, persistent rain across southern England, threatening significant travel disruption and potential flooding from Tuesday evening.

Lloyds Bank Launches £200 Cash Switch Offer

Exclusive: Lloyds Bank launches a limited-time £200 cash incentive for new customers switching to a Club Lloyds, Silver, or Platinum account. Discover the eligibility criteria and how to apply before the offer ends.

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